Copa Holdings Reports Financial Results for the Fourth Quarter of 2020

Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the fourth quarter of 2020 (4Q20). The terms «Copa Holdings» and «the Company» refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS […]

Boeing says it detected a ‘limited intrusion’ of malware into some of its systems

U.S. planemaker Boeing «detected a limited intrusion of malware» that affected «a small number of systems,» and said certain media reports on the disruptions were «overstated and inaccurate,» a company vice president said on Wednesday. Linda Mills, VP of Boeing commercial airplanes communications, said by email that «remediations were applied» and the intrusion would not […]

Buckingham Research Begins Coverage on Gol Linhas Aereas Inteligentes S.A. (GOL)

Buckingham Research assumed coverage on shares of Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) in a research report report published on Monday, November 6th, MarketBeat reports. The firm issued a buy rating and a $29.00 price objective on the transportation company"™s stock. Other equities analysts have also issued research reports about the company. Zacks Investment Research […]

IAG Reports Uptick in Quarterly Profits

International Consolidated Airlines Group has reported a third quarter operating profit of €1,455 million before exceptional items. The figure is up from the €1,205 million reported last year. Willie Walsh, IAG chief executive, said: "We"™re reporting another strong quarter with an operating profit up 20.7 percent to €1,455 million before exceptional items. "All our companies […]

Gol Linhas Aereas Inteligentes SA (GOL) Moves -2.26%

Needle moving action has been spotted in Gol Linhas Aereas Inteligentes SA (GOL) as shares are moving today on volatility -2.26% or -0.33 from the open. The NYSE listed company saw a recent bid of 14.25 and 42572 shares have traded hands in the session. As we head into the meaty part of earnings season, […]

Air Canada Reports 2016 Annual Results

Air Canada today reported record full year 2016 EBITDAR(1) (earnings before interest, taxes, depreciation, amortization and aircraft rent), excluding special items, of $2.768 billion, compared to the previous record of $2.542 billion recorded in 2015, an increase of $226 million or 8.9 per cent and surpassing the 6 to 8 per cent increase projected in […]

Lufthansa sells 13% stake in Luxair to Luxembourg government

The Luxembourg government has acquired Lufthansa"™s 13% stake in national carrier Luxair, a Lufthansa spokesperson confirmed to ATW in Frankfurt. "The deal was completed Nov. 6," the spokesperson said without giving financial details. "To our understanding, the government will take these shares temporarily." The Luxembourg government said the shareholding will be placed on the market […]